Profits made by China’s industrial companies increased grew for the fourth consecutive month in August, in part driven by a rebound in commodities prices and pick-up in equipment manufacturing.
China's sizeable industrial enterprise made a total of 612.8 billion yuan of profits last month, rising 19.1 per cent from a year earlier, showed data released by the National Bureau of Statistics (NBS) on Sunday.
That compares with a 19.6 . . .
To continue reading, please subscribe. You will get
- IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
- THE WIRE - Up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
- DETAILS - We bring you details that you won't find elsewhere. General information about China is everywhere, but information with details and relevant to your investment is rare.
We highly value independence. We are solely funded by subscriptions from intelligent readers like you.
Already have an account? Sign In